GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule DETROIT, Sept. 30, 2021 /PRNewswire/ — As GM pursues carbon-neutral commitment, company expects to source 100 percent renewable energy in the U.S. by 2025 GM teams with PJM and TimberRock to launch a new carbon tracking system to monitor… Continue reading @GM: GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule September 30, 2021
Tag: Strategy
Aurora shines spotlight on autonomous truck tech, strategy ahead of SPAC merger
On Interstate 45 in Texas, a billboard with “Aurora” emblazoned at the top in giant white letters offers a cryptic message: “A new way to drive is on the horizon.” It’s hard to know just how many of the thousands of drivers on this stretch of road know what that means or what Aurora is;… Continue reading Aurora shines spotlight on autonomous truck tech, strategy ahead of SPAC merger
@BMW: Ad-hoc announcement: BMW AG raises earnings guidance for the financial year 2021001486
Munich. Bayerische Motoren Werke Aktiengesellschaft (BMW AG) increases the guidance corridor for the EBIT margin of the Automotive Segment from between 7% and 9% to between 9.5% and 10.5% for the financial year 2021. Additionally, the guidance corridor for the Return on Equity for the Financial Services Segment is revised from between 17% and 20%… Continue reading @BMW: Ad-hoc announcement: BMW AG raises earnings guidance for the financial year 2021001486
Adient closes previously announced transactions, strategically transforming its business in China
– Company ends Yanfeng Adient Seating Co., Ltd. (YFAS) joint venture with partner Yanfeng Automotive Trim Systems Ltd. (YF) – Adient acquires YFAS’s 50% equity interest in Chongqing Yanfeng Adient Automotive Components Co., Ltd. (CQYFAS) and 100% equity interest in Yanfeng Adient (Langfang) Seating Co., Ltd. (YFASLF) from YFAS – Transactions will enable Adient to… Continue reading Adient closes previously announced transactions, strategically transforming its business in China
GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule
DETROIT, Sept. 30, 2021 /PRNewswire/ — As GM pursues carbon-neutral commitment, company expects to source 100 percent renewable energy in the U.S. by 2025 GM teams with PJM and TimberRock to launch a new carbon tracking system to monitor and reduce emissions in real time Today, General Motors announced that it plans to source 100… Continue reading GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule
Canoo and AVL Partner to Build Proprietary Software for Electric Vehicle Safety Features
JUSTIN, Texas and PLYMOUTH, Mich., Sept. 30, 2021 /PRNewswire/ — Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), and AVL today announced a partnership to develop, test and validate Advanced Driver Assistance Systems (ADAS) software for Canoo’s Lifestyle Vehicle. Canoo’s proprietary ADAS is designed with the driver in mind – to keep occupants safe and alert. The technology provides an… Continue reading Canoo and AVL Partner to Build Proprietary Software for Electric Vehicle Safety Features
@Daimler: Mitsubishi Fuso launches a new model of the Aero Star city bus
Standard fitment of a new accelerator interlock safety device installed on the front door Complies with the latest Japanese regulatory standards for rearview mirrors Kawasaki, Japan – Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, cooperating with Daimler India Commercial Vehicles Pvt. Ltd. (DICV) under the umbrella of Daimler… Continue reading @Daimler: Mitsubishi Fuso launches a new model of the Aero Star city bus
Disrupted · 7:05 AM UTCChina’s electric carmakers make their move on EuropeChina’s electric carmakers are darting into Europe, hoping to catch traditi…
MUNICH/BEIJING, Sept 30 (Reuters) – China’s electric carmakers are darting into Europe, hoping to catch traditional auto giants cold and seize a slice of a market supercharged by the continent’s drive towards zero emissions. Nio Inc (NIO.N), among a small group of challengers, launches its ES8 electric SUV in Oslo on Thursday – the first… Continue reading Disrupted · 7:05 AM UTCChina’s electric carmakers make their move on EuropeChina’s electric carmakers are darting into Europe, hoping to catch traditi…
@VW Group: Meet the people making an EV revolution happen in America Building electric vehicles for the future of transportation and the plane…003931
Building electric vehicles for the future of transportation and the planet doesn’t just require new technologies, but new people behind “the people’s car.” At Volkswagen of America, the G4 e-mobility unit and Engineering and Planning Center (EPC) in Chattanooga help deliver and support the sales of EVs like the ID.4 all-electric SUV. Bringing these vehicles… Continue reading @VW Group: Meet the people making an EV revolution happen in America Building electric vehicles for the future of transportation and the plane…003931
@Ford: Ford Renews $15.5 Billion in Revolving Corporate Credit Lines, Aligning Them With Sustainability Priorities in Ford+ Strategic Plan
Ties corporate credit lines to measured ESG goals, a first for a North America auto manufacturer Demonstrates financial market leadership in corporate transition away from LIBOR, with first large syndicated corporate loan priced directly off of SOFR DEARBORN, Mich., Sept. 29, 2021 – Ford today announced the extension of $15.5 billion in revolving credit lines,… Continue reading @Ford: Ford Renews $15.5 Billion in Revolving Corporate Credit Lines, Aligning Them With Sustainability Priorities in Ford+ Strategic Plan